Stocks&Shares ISA Funds

catowner123

Not sure I follow how that could lead to a potential loss way beyond 30% on my overall position (considering all funds). I understand these markets are of higher risk hence allocating only 10k to it. 

MDMD

You can negate the II fee for the first year if investing £10k, if you go via topcashback and get £125. But admittedly to get it you need to invest £10k+ in a lump sum, so the fee at iWeb is only £5 (plus the current £25 account opening fee) so probably negligible, especially as the cashback is never guaranteed.

https://www.topcashback.co.uk/interactive-investor-stocks-and-shares-isa/

catowner123

Alexland said:

catowner123 said:

I narrowed it down to iWeb and II, and decided to use II as it simply looked more user friendly for someone not that experienced and I liked the fact it gave a free trade a month which I will look to utilise. 

For the £10 a month that II charge you could have 2x £5 trades on iWeb. If you like free trades you might also like buy one get one free. The iWeb user interface is a bit dated but no harder than online banking.
Going from £120k cash to £120k invested is a big change in risk profile. I would suggest keeping your investments as simple as possible for now while you are learning and don't chase crazy high returns.

Good point.

I did think that but it was the track history of these funds which made me think why would I not fully commit - especially given I don’t need the cash for at least 5 years. What would be a sensible suggestion? Do other investors tend to buy and sell units from their funds periodically or would it be simpler to leave them? The funds I like so far are (undecided which to go for for certain): HSBC Global Strategy Balanced, Baillie Gifford Managed, Lindell Train Global, Baillie Gifford or Vanguard Emerging Markets and Japan. There is a lot of crossover in these.